WORLD BUSINESS BRIEFING: AMERICAS; CINAR SHARES FALL

Shares of the CINAR Corpo ration, a producer of children's television programs in Canada, fell 26 percent after it said an internal review initiated after tax-fraud accusations emerged last year could hurt its results more than previously forecast. CINAR's Class B shares fell 9.30 Canadian dollars, to 26.95 Canadian dollars. Last October, the Royal Canadian Mounted Police commercial crime section began an investigation into fraud involving programs produced by CINAR that had been subsidized by the government. CINAR, which is based in Montreal, subsequently initiated its own internal review of its financial books to deal with the accusations.